Canada’s national housing starts rate declines in June, according to data released by Canada Mortgage and Housing Corp. (CMHC). The agency reports that the seasonally adjusted annual rate of housing starts is 238,971 units for June. This represents a 6% decrease from May, when the annual rate was 253,083 units. The sources agree the change reflects the month-to-month movement in the annualized figure after seasonal adjustment. One outlet also notes that a six-month moving average accompanies the release, indicating CMHC tracks both short-term monthly changes and a smoother trend over several months. All accounts attribute the results to CMHC and present the same national figures for June and May, with no additional breakdown by region or housing type included in the provided excerpts. The reporting focuses on the headline direction and the size of the month-over-month decline in Canada’s housing-starts pace as measured by CMHC’s seasonally adjusted annual rate.
CMHC says Canada’s annual housing starts rate falls 6% in June
Canada’s national housing starts rate declines in June, according to data released by Canada Mortgage and Housing Corp. (CMHC). The agency reports that the seasonally adjusted annual rate of housing s...
- CMHC reports the seasonally adjusted annual rate of housing starts at 238,971 units in June.
- The June annual rate is down 6% from May.
- CMHC reports May’s seasonally adjusted annual rate of housing starts at 253,083 units.
- The figures are presented as national totals and are seasonally adjusted.
- At least one report references a six-month moving average included with CMHC’s release.
National housing agency says the seasonally adjusted rate of housing starts was 238,971 units in June
3 hours agoOTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May. The national housing agency says the seasonally adjusted rate of housing starts came in at 238,971 units in June compared with 253,083 in May. The six-month moving average of the seasonally adjusted […]
4 hours agoOTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May.
4 hours ago
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